CRON Forecast


Bullish Case: CRON's extensive blockchain updates and strategic Web3 initiatives, combined with an upward market sentiment and stable implied volatility, position it for a potential price boost as infrastructure and adoption improve.


Bearish Case: Despite promising updates, CRON's history of negative returns and underwhelming investor confidence, seen in the low option trading volume and negative historical return profile, suggest a possible continuation of poor performance.


Potential Outcomes: 60% bullish response to blockchain updates, lifting prices short-term. 25% likelihood CRON reacts negatively due to lasting investor doubts. 15% chance of significant volatility due to external market influences.


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April 26, 2024


Cronos Forecast

CRON        Cronos
Price Forecast: BULLISH    Price Action: TRENDING (?)











Correlated Stock Forecasts

Assets that tend to move strongly with CRON



MJ Forecast + Options Trading Strategies   MJ  ETFMG Alternative Harvest (0.82)


APO Forecast + Options Trading Strategies   APO  Apollo (0.78)


DXJ Forecast + Options Trading Strategies   DXJ  WisdomTree Japan Hedged Equity (0.77)


BRK.B Forecast + Options Trading Strategies   BRK.B  Berkshire Hathaway (0.77)


VST Forecast + Options Trading Strategies   VST  Vistra (0.76)



Uncorrelated Stock Forecasts

Assets with little price relationship to CRON



FL Forecast + Options Trading Strategies   FL  Foot Locker (0.0)


CMCSA Forecast + Options Trading Strategies   CMCSA  Comcast (0.0)


GLW Forecast + Options Trading Strategies   GLW  Corning (-0.01)


SILJ Forecast + Options Trading Strategies   SILJ  ETF Managers Group LLC - ETFMG Prime Junior Silver Miners (-0.01)


SA Forecast + Options Trading Strategies   SA  Seabridge Gold (-0.02)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against CRON



BIIB Forecast + Options Trading Strategies   BIIB  Biogen (-0.68)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.68)


PLL Forecast + Options Trading Strategies   PLL  Piedmont Lithium (-0.69)


PFE Forecast + Options Trading Strategies   PFE  Pfizer (-0.7)


UVXY Forecast + Options Trading Strategies   UVXY  ProShares Ultra VIX Short-Term Futures (-0.74)





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